I know a few more people who's purchasing with him, from what I hear, every single closing was delayed due to supply shortages or other reason. 

This is a numbers game so you may have to take an aggressive approach towards negotiating several deals before one of them actually works out.

It's a combo of low housing supply, higher interest rates vs. seller expectation, and a poor economic outlook for the country.As an investor with a few rentals it's like like the parking brake is stuck on.

Aggressively pay back the HELOC just like you did when you use it for the repairs, and you'll have a second property with it's own, independent long-term financing.

Many times I would take an aggressive stance on certain deductions and wanted to clear them with him as he ultimately signed off on the return.

Licensed with permits ~$4,000.Full replacement of all water supply lines and shutoffs from the interior water meter with PEX and an open basement.  1 kitchen 1 bath 1 laundry. 

Just remember that $70 is the gross number they charge , they have to buy supplies , insurance , tools , vehicle , gas , workmans comp etc . 

We made an aggressive offer quickly.

Assuming they save $10k in interest over three years and get $10k in cash flow and $10k in appreciation, it’s kind of similar to the cash offer, but definitely more aggressive.

Supply and Demand: When buyers outnumber sellers, prices and rents rise.Population Growth: Cities with significant and sustained population increases are more likely to see long-term rent growth.Job Stability and GrowthA property’s value is tied to the jobs in the area.